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Cryptocurrency trading volume increased by 960% over the past two years
Now the daily amount of transactions in the market is $ 53 billion, although in 2017, when the market was actively rising in price, this figure was at around $ 5 billion and even dropped to $ 2 billion
Digital money trading volume increased by 960% over the past two years. Then the amount of transactions on the market amounted to about $ 5 billion, and in early October it amounted to $ 2 billion. In December 2017, when Bitcoin set a historic high of $ 20,000 and the exchanges could not cope with the influx of customers, trading volumes did not exceed $ 50 billion.
At the moment, this figure is $ 53.6 billion, while a maximum of $ 135 billion was set at the end two months ago - at the end of June. At the same time, the market capitalization is now twice as high, at the level of $ 280 billion, than in the summer of 2017, when it amounted to $ 135 billion.
Today, Bitcoin is trading at $ 10,513. Over the past day, its rate has declined by 4.5%. Earlier, analyst Omkar Godbowle warned that in the near future the price of an asset could rise to $ 10,700 shortly, after which it would go down to $ 10,000. In order for a coin to begin to rise in price in the long run, it needs to gain a foothold above $ 12,000, the expert is sure.
#Volume #Cryptocurrency #Bitcoin #Asset # Markeт
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Trading fees: 0.2% 24-h trading volume: $122 190 190. Kraken interface. Kraken has also been one of the top ten cryptocurrency trading platforms by trading volume. This is a fairly popular online platform that has many positive reviews from traders from different countries. The total volume of cryptocurrency spot and futures market traded in the first quarter of 2020 was approximately $8.8 trillion, according to industry reports. Futures and Spot Markets Expect Increase in Trading Volume An industry report by Tokeninsight revealed that the trading of cryptocurrency futures and spot had increased dramatically over the past three months. Trader Dale. 12/01/2018. How To Trade Cryptocurrency Like A Pro (With Volume Profile) One of the best things about Volume Profile is that it is a universal tool. You can use it for intraday trading, swing trading, as well as long-term investing. Trade volume rankings for all cryptocurrencies in the last 24 hours Coincheckup is a cryptocurrency analysis and research platform designed to offer you transparent information on each cryptocurrency and help your investment decisions. Check out the latest predictions on Bitcoin, Ethereum, Litecoin, Ripple and other 1400 coins.
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